NOVAK-SAVIANO. (DUDYCZ-PETERSON) 35 ILCS 105/3-5 from Ch. 120, par. 439.3-5 35 ILCS 110/3-5 from Ch. 120, par. 439.33-5 35 ILCS 115/3-5 from Ch. 120, par. 439.103-5 35 ILCS 120/2-5 from Ch. 120, par. 441-5 Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Replaces the current exemption for new or used automatic vending machines that prepare and serve hot food and beverages and replacement parts for these machines with an exemption for machines and parts for machines used in commercial, coin-operated amusement and vending business if a use or occupation tax is paid on the gross receipts derived from the use of the commercial, coin-operated amusement and vending machines. Effective immediately. FISCAL NOTE (Department of Revenue) Retailers operating commercial, coin-operated vending busi- nesses are required to register each vending machine with the Dept. of Revenue. Currently, there are approximately 120,000 of these subcertificates in circulation. Assuming a replacement rate of 10%, approximately 12,000 vending machines are replaced each year. If these machines cost between $2500 and $5000 each, the loss in State and local sales tax revenues would be $1.9 to $3.8 million. FEB-21-2001 H FILED WITH CLERK FEB-21-2001 H ADDED AS A JOINT SPONSOR SAVIANO FEB-21-2001 H FIRST READING FEB-21-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-22-2001 H ASSIGNED TO COMMITTEE EXECUTIVE MAR-07-2001 H DO PASS/SHORT DEBATE 013-000-000 HEXC MAR-07-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-08-2001 H FISCAL NOTE REQUESTED BLACK MAR-08-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAR-14-2001 H FISCAL NOTE FILED MAR-14-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAR-20-2001 H SECOND READING-SHORT DEBATE MAR-20-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAR-30-2001 H THIRD READING/SHORT DEBATE/PASSED 114-002-000 APR-02-2001 S ARRIVE IN SENATE APR-02-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-04-03 APR-02-2001 S CHIEF SPONSOR DUDYCZ APR-02-2001 S FIRST READING APR-02-2001 S REFERRED TO SENATE RULES COMMITTEE RULES APR-25-2001 S ASSIGNED TO COMMITTEE REVENUE MAY-01-2001 S ADDED AS A CHIEF CO-SPONSOR PETERSON MAY-03-2001 S HELD IN COMMITTEE MAY-10-2001 S DO PASS 006-003-000 SREV MAY-10-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-05-11 MAY-14-2001 S SECOND READING MAY-14-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-05-15 MAY-15-2001 S THIRD READING - PASSED 034-018-002 MAY-15-2001 H PASSED BOTH HOUSES JUN-13-2001 H SENT TO THE GOVERNOR AUG-10-2001 H GOVERNOR APPROVED AUG-10-2001 H EFFECTIVE DATE 01-08-10 AUG-10-2001 H PUBLIC ACT.............................. 92-0337 END OF INQUIRY Full Text Bill Summary